Shareholders Foundation, Inc.

A lawsuit was filed for investors in shares of Fisher Communications, Inc. (NASDAQ:FSCI) in effort to block the proposed takeover and NASDAQ:FSCI stockholders should contact the Shareholders Foundation.

Investors who purchased shares of Fisher Communications, Inc. (NASDAQ:FSCI) prior to April 11, 2013, and currently hold any of those NASDAQ:FSCI shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges that the defendants breached their fiduciary duties by agreeing to sell the company too cheaply via an unfair process to Sinclair Broadcast Group, Inc.

On April 11, 2013, Sinclair Broadcast Group, Inc. and Fisher Communications, Inc. announced that they have entered into a merger agreement whereby Sinclair Broadcast Group, will acquire Fisher Communications in a merger transaction valued at approximately $373.3 million. Under the terms of the agreement, Fisher Communications shareholders will receive $41.00 in cash for each share of Fisher Communications common stock they own

However, the plaintiff claims that the$41.00-offer is too low and undervalues the company. Indeed, after the takeover news shares of Fisher Communications, Inc. rose in the open market slightly above the current offer. Furthermore the plaintiff alleges that the takeover process is also unfair to FSCI stockholders.